Payroll Services
Hot topics on:
Gift vouchers for next Christmas
Child care vouchers
Construction industry scheme
The benefits of using a payroll bureau are far reaching. Operated in a seamless way, businesses need never worry that the service is not on-site. A speedy service provides peace of mind and ensures that the Revenue always has the information it needs and that employees are paid correctly and on-time.
How we achieve success for our clients
We have been providing a complete computerised payroll bureau for over 30 years. In that time we have developed the expertise and the strategies to operate our comprehensive and prompt service. Because we employ dedicated personnel, we are able to meet all our client needs and establish close relationships which are retained for many years.
Broad service
We provide a flexible and wide ranging service which clients can tailor to suit their individual business needs. These services include:
- Calculation and amendments
- The calculation of statutory payments for sickness, paternity and maternity leave
- The processing of overtime, commissions and other payments
- The administration of student loans, pension contributions and all attachment orders
- Stationery and forms
- security payslips and analysis by office, department or cost split centre reporting
- completed End of Year Return forms P60, starter forms P46 and leaver forms P45
- Construction Industry Scheme - Verification & monthly Online Returns
- E-filing and banking
- wages and salaries paid to employees bank accounts
- E-filing of the End of Year Return forms P35 and P14
- E-filing may entitle your company to a tax free payment
BACS Approved Bureau
We are a BACS Approved Commercial Bureau. This allows us to make salary payments direct to your staff as part of the payroll process.
Why have the stress and worry of paying employees on time when we can look after this headache for you?
Construction Industry Scheme (New CIS)
From 6 April 2007 HM Revenue & Customs changed the way in which contractors had to deal with subcontractors.
Rather than issuing vouchers and making annual returns, contractors are now required to verify a subcontractor’s registration and appropriate tax deduction with HMRC before making deductions.
Furthermore, statements are issued to the subcontractor in place of vouchers and HMRC expect a contractor’s return to be submitted monthly. Penalties for late returns start at £100 per month.
Mitchell Charlesworth can remove the CIS problem from your business with our dedicated software.
We can verify a subcontractor’s tax status, issue statements and make monthly returns over the internet.
Benefits of our service
The most positive outcome of employing a payroll bureau is that clients enjoy peace of mind. Other benefits include:
- No payroll security problems
- No need to keep up to date with new legislation
- Releases top management time
- Provides staff with a fast efficient service
- No need to deal with staff, Inland Revenue, Benefits Agency and mortgage applications
Payroll pressures
Proprietors and managers have many varied roles. So whilst all employees rightly demand punctual payment, it can consume valuable management time to complete payroll tasks. Small businesses in particular find the compliance and operation of a payroll particularly onerous. Larger businesses find that too much managerial time is spent operating and administering it. Our service releases them from the burden, to focus on their core business roles. This avoids the storage of confidential staff payroll records and releases valuable time previously tied up on payroll matters.
Will you be claiming your tax free payments?
Small employers can benefit by up to £825 if the End of Year Return forms P35 and P14 are submitted online. New employers are entitled to the same Tax Free Payment as a Small employer. The tax free payment is paid over 5 years. All employers will have to file online by 2009/10.
Our comprehensive service
For further information and to take advantage of our free no obligation quotation, contact Ken Davies on 0151 255 2300 or Joanne Nieman on 0151 423 7500.
Hot Topics
A Gift Voucher Next Christmas?
A PAYE Settlement Agreement (PSA) is a good way of dealing with irregular & minor expenses or benefits without the need for complex payroll calculations or P11d completion.
This is particularly suited to the provision of Christmas Vouchers or Incentive Awards to staff & can reduce the amount payable to the Taxman as a result. If you gave your workforce £5,000 cash bonus last Christmas a PSA could have saved over £1,200.
And remember, PSAs can be arranged retrospectively!
For further Information on how a PSA could benefit your business please contact your Mitchell Charlesworth Payroll Department.
Child Care Vouchers
Since April 2005 the Government has allowed working parents to receive part of their salary in Child Care Vouchers to the tune of £50 per week. This has now been increased to £55 per week and can save a typical employee £962 in tax and National Insurance each year.
In addition, an Employer operating such a scheme will make an annual saving of £373 in Employer's National Insurance for each employee who opts for Child Care Vouchers.
If you are interested in finding out how you or your company might benefit from a Child Care Voucher Scheme please do not hesitate to contact your Mitchell Charlesworth Payroll Department.
Please contact one of our Payroll Services Managers for further information:
Ken Davies 0151 255 2300 Joanne Nieman 0151 423 7500 or email us.
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